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The comparative balance sheets of ConnieJo Company, for Years 2019 and 2020 ended December 31, appear below in condensed form. I need a ratio filled

The comparative balance sheets of ConnieJo Company, for Years 2019 and 2020 ended December 31, appear below in condensed form.

I need a ratio filled out with this information!

2020

2019

Cash

$ 45,000

$ 53,500

Accounts Receivable (net)

51,300

58,000

Inventories

147,200

135,000

Investments (considered long term)

0

60,000

Equipment

493,000

375,000

Accumulated DepreciationEquipment

(113,700)

(128,000)

$622,800

$553,500

Accounts Payable

$61,500

$42,600

Bonds Payable, Due Year 2023

0

100,000

Common Stock, $10 par

250,000

200,000

Paid-In Capital in Excess of ParCommon Stock

75,000

50,000

Retained Earnings

236,300

160,900

$622,800

$553,500

The income statement for the current year is as follows:

Sales

$623,000

Cost of merchandise sold

348,500

Gross profit

$274,500

Operating expenses:

Depreciation expense

$24,700

Other operating expenses

75,300

100,000

Income from operations

$174,500

Other revenue and expense:

Gain on sale of investment

$ 5,000

Interest expense

(12,000)

(7,000)

Income before income tax

$167,500

Income tax expense

64,100

Net income

$103,400

Additional data for the current year are as follows:

(a)

Fully depreciated equipment costing $39,000 was scrapped, no salvage, and other equipment was purchased for $157,000.

(b)

Bonds payable for $100,000 were retired by payment at their face amount.

(c)

5,000 shares of common stock were issued at $15 for cash.

(d)

Cash dividends declared were paid, $28,000.

(e)

All sales are on account.

(f)

Market price of the stock on December 31, 2020 was $62.10

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